03 Oct 2016

A question about : paying for works on discretionary trust property

The family have a discretionary trust which contains a house, the house now needs a new roof, has anyone had to deal wwith withdrawing funds from other parts of the trust to pay for the works?

What forms, deeds do we need to sort out so we keep tax man and law happy?

If we pay for the works from our savings what problems does this cause later down the road with tax and closing the trust?

Finally do we need to pay the solicitor again to do all this?

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